The global minimum tax is coming

The Organization for Economic Co-operation and Development (OECD) Pillar Two model rules require that in-scope multinational enterprises pay a minimum level of tax on income arising in the jurisdictions they operate in. These GLoBE rules are ambitious in scope and reach, designed to accommodate diverse international tax systems, tax consolidation rules, income allocations, entity classification rules, and business structures. The GLoBE rules are likely to have a significant impact on tax operations for in-scope groups.

Tax reform at this scale changes many aspects of how global businesses are taxed—and in turn, their data requirements, calculation, and reporting demands. In response, qualifying multinationals must work to understand the new rules and model the global financial, operational, and strategic impacts. To comply with Pillar Two data and reporting requirements, businesses must coordinate end-to-end tax, finance, IT, and legal inputs. This includes having access to the right data at the right level of detail, evaluating existing technology, generating calculations, preparing and training resources, and managing stakeholder expectations.

Deloitte practitioners can help you assess the impact of Pillar Two on your current and future business plans, from targeted technical insights to global impact assessment and compliance oversight. We can help you identify and assess the impact of this new and complex legislation in multiple countries with a suite of integrated services.

OECD Pillar Two tax advisory services

Deloitte's Pillar Two tax advisory services bring together the deep expertise of Deloitte tax practitioners and the analytical power of data and technology solutions to help multinational businesses assess and evaluate the tax implications of Pillar Two. We offer support from initial gap assessment to tax impact analysis to filing the Pillar Two return, and cover the following services:

Your gateway to global tax clarity and confidence

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Explore insights on key topics around Pillar Two.